NOT LISTED FOR SALE

511 E Tombigbee St Florence, AL 35630

Downtown Florence Neighborhood

Estimated Value: $213,849 - $289,000

Studio
1 Bath
2,020 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $112,000 $55 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,427/month

Highlights

  • Wood Flooring
  • Heating Available
  • 5-minute walk to Wilson Park

About This Home

As of April 2021

INVESTMENT - SOLD @ PRINT

Last Agent to Sell the Property

SHYLEE BRADFORD-BEVIS

Coldwell Banker Pinnacle Properties Listed on: 04/16/2021

Coldwell Banker Pinnacle Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,841

Home Design

  • Gable Roof Shape
  • Steel Frame
  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Linoleum

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • 2-Story Property
  • Lot Dimensions are 54x141.5

Listing and Financial Details

  • Assessor Parcel Number 24-01-11-3-002-061.000

Community Details

Overview

  • 5 Units
  • City Of Florence Subdivision

Building Details

  • Gross Income $1,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Multiple Dwellings
  • Built Before 1978 (Y/N): Yes
  • Easements: None
  • Frontage Len: 54
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 54X141.5
  • Road Frontage Type: City Street
  • Shoals Pic Orig I D: 434216
  • Subdivision Name: City of Florence
  • Agent Only_ L A1 User Code: S8_1900533
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Linoleum, Wood (Flooring)
  • NumberOfBuildings: 1
  • Stories Total: 2

Exterior Features

  • Construction Materials: Frame/Steel
  • Roof: Composition, Gable, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel (ParkingFeatures)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric (Heating)

Lot Info

  • Range Aces: 0-.99 acres
  • Parcel Num: 24-01-11-3-002-061.000

Building Info

  • Year Built: 1940

Multi Family

  • GrossIncome: 1525
  • Total Units: 5

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Apr 9, 2021
Sold by
Tim Rhodes Properties Llc
Bought by
I Love My Landlords Llc
Seller's Agent
SHYLEE BRADFORD-BEVIS
Coldwell Banker Pinnacle Properties
List Price
$112,000
Sold Price
$112,000
Current Estimated Value
$251,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,981
Avg. Annual Appreciation
19.14%
Original Mortgage
$276,000
Outstanding Balance
$248,318
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$9,894
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
I Love My Landlords Llc $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open I Love My Landlords Llc $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $112,000 0.0% $55 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $112,000 -- $55 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,430 $29,180 $0 $0
2024 $1,430 $27,280 $0 $0
2023 $1,337 $1,260 $1,260 $0
2022 $929 $18,960 $0 $0
2021 $768 $15,680 $0 $0
2020 $674 $13,760 $0 $0
2019 $674 $13,760 $0 $0
2018 $654 $13,340 $0 $0
2017 $603 $13,000 $0 $0
2016 $603 $12,300 $0 $0
2015 $603 $12,300 $0 $0
2014 $747 $15,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SHYLEE BRADFORD-BEVIS

    Coldwell Banker Pinnacle Properties

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 166305

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-01-11-3-002-061.000

Alabama Lauderdale County Florence 35630 Downtown Florence

511 E Tombigbee St, Florence, AL

Not Listed for Sale

MultiFamily

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